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  • Chinese accelerator ZDream Ventures acquires startups database provider Xeler8

    Chinese accelerator ZDream Ventures acquires startups database provider Xeler8

    vivian
    January 19, 2017

    Chinese accelerator ZDream Ventures has on Thursday acquired India-based startup database provider Xeler8. The financial details of the transaction was not disclosed.

  • Chinese LeSports to raise US$439 million to focus on core video product

    Chinese LeSports to raise US$439 million to focus on core video product

    vivian
    January 19, 2017

    LeSports, the sports unit of cash-strapped Chinese Internet and technology conglomerate LeEco, is amid the process of raising RMB3 billion (about US$439 million) from an unnamed investor to support future growth. Prior to this, LeEco…

  • CDH-backed New Century Healthcare completes US$102 million Hong Kong IPO

    CDH-backed New Century Healthcare completes US$102 million Hong Kong IPO

    vivian
    January 19, 2017

    Beijing-based New Century Healthcare has on Wednesday completed its listing on the Hong Kong Stock Exchange (SEHK), the initial public offering (IPO) involving 120 million shares is valued at US$102 million.

  • Singaporean bitcoin startup CoolBitX raises US$200,000 from Midana Capital

    Singaporean bitcoin startup CoolBitX raises US$200,000 from Midana Capital

    vivian
    January 19, 2017

    Singaporean bitcoin startup CoolBitX has managed to secure S$280,000 from Midana Capital. The startup plans to use the funds for further R&D, as well as for marketing CoolWallet to Taiwan, Japan and the wider Bitcoin…

  • Chinese hotel management GreenTree Group to buy CVC-backed Da Niang Dumplings

    Chinese hotel management GreenTree Group to buy CVC-backed Da Niang Dumplings

    vivian
    January 18, 2017

    Owner of Green Oriental Hotel and GreenTree Inn Hotel, China hotel management group GreenTree has crossed the border and entered into the catering business via its acquisition of Da Niang Dumplings.

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